Statement: NYS should not raise its minimum wage because it will increase unemployment among young and unskilled workers.
1. What is the minimum wage?
2. Whether I agree or disagree with the statement?
3. How does an increase in the minimum wage affect unemployment?
1. The current minimum wage $7.15
2. I agree with the statement because when there is an increase in wage, the employer has a less desire to increase the number of employees. In some cases the employer actually ends up firing some of his/her employers because he/she can't afford to keep them.
3. An increase in minimum wage negatively affects unemployment. The young and unskilled workers are fired from their jobs which don't require much education.
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